摘要
资源配置是资本市场最主要的功能之一,货币政策调整必然会对资源配置产生影响。我国资本市场正处于新兴和转轨时期,在股权分置情况下,货币政策传导的途径、效果和特点必有别于发达市场经济国家。本文对我国宏观调控(紧缩性货币政策)传导于资本市场资源配置的影响效应,进行了实证分析,并提出了相应的政策建议。
Resource allocation is one of the main functions of capital market. The adjustment of monetary policy will surely influence the resource allocation. China＇s capital market is an emerging and transforming market. Since China＇s stock shares are of different types, the way by which the monetary policy is passing down, the effect and characteristics of the similar policy must be different from those of developed market economy countries. This article analyzes the effect of Chinese government＇s macro regulating and controlling policy （monetary tightening） on the resource allocation of capital market and puts forward corresponding policy suggestions.
出处
《中国软科学》
CSSCI
北大核心
2005年第9期133-141,共9页
China Soft Science
关键词
宏观调控
货币政策
资本市场
资源配置
macro regulating and controlling
monetary policy
capital market
resource allocation
